Yellen Noncommittal on Rate Move

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

JACKSON HOLE, Wyo.--Federal Reserve Chairwoman Janet Yellen pointed to an improving U.S. job market, but was noncommittal about how this progress would affect monetary policy in a speech before global central bankers at an economic symposium here. "The economy has ...

Mexican Annual Inflation Rate Steady in Early August

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

By Anthony Harrup MEXICO CITY-- Mexico's annual inflation held steady in the first half of August, when higher gasoline and education costs were offset by a drop in vacation-related prices. The consumer price index rose 0.19% in the first two ...

Bullard Again Eyes Late 1Q 2015 Rate Increase

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

NEW YORK--Federal Reserve Bank of St. Louis President James Bullard told CNBC Friday that the debate within the central bank is now fully centered on when to end its easy-money policies. "We are pretty close" to achieving the Fed's job ...

Vector FY14 Net Profit NZ$171.3M, Down 16.9% on Year

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

By Rebecca Howard WELLINGTON, New Zealand--New Zealand-based lines network and gas distributor Vector Ltd. (VCT.NZ) Friday reported a sharply lower net profit as price resets to regulated energy networks weigh on revenue. In the year to June 30, revenue fell ...

CURRENCIES: Dollar Falls Short Of Yen104 Ahead Of Jackson Hole

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

By Tatsuo Ito The dollar fell short of breaking through the Yen104 mark on Friday amid growing expectations that U.S. Federal Reserve Chair Janet Yellen will not go beyond what she has previously said about interest rates in her speech ...

European Stocks Pause After Rally

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

By Tommy Stubbington European stocks paused from their recent rally Friday with investors awaiting speeches from major central bankers. The Stoxx Europe 600 was down less than 0.1% in early trade. Equities had climbed in Europe on Thursday, despite the ...

Yellen Says Job Market Improving but Noncommittal About Policy Effect

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

By Jon Hilsenrath and Pedro Nicolaci da Costa JACKSON HOLE, Wyo.--Federal Reserve Chairwoman Janet Yellen pointed to an improving U.S. job market, but was noncommittal about how this progress would affect monetary policy in a speech before global central bankers ...

Canada Annual Inflation Rate Slows in July

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

July Inflation Report =-----------------------------------------=--=--=--=--=--== Key Numbers July June ! Consensus: ! Core Inflation y/y +1.7% +1.8% !Core: +1.9% y/y! Core Inflation m/m -0.1% -0.1% !Headline: +2.2%! All-items CPI y/y +2.1% +2.4% ! ! All-items CPI m/m -0.2% +0.1% !Actual: ! ...

Oil Futures Rangebound, WTI Hovers Around $94/bbl

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

By Eric Yep Crude-oil futures moved in a narrow price range in Asian trade Friday as some market participants think oil may be oversold. On the New York Mercantile Exchange light, sweet crude futures for delivery in October traded at ...

Euro Zone Inflation to Cool in August

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

By Jason Douglas LONDON--Annual inflation in the 18 nations that use the euro is expected to have cooled further in August, according to a preliminary estimate due Friday, underscoring the weakness of the currency's union's economy. Date GMT Indicator Period ...

Canada Retail Sales Up Faster Than Expected to Record Level

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

By Nirmala Menon OTTAWA--Canadian retail sales grew almost four times faster than expected in June to a record level as the early rounds of the FIFA World cup spurred sales of wine and beer, and consumers also boosted spending on ...

Asian Shares Inch Up, All Eyes on Jackson Hole

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

Asia stocks edged higher Friday, with a rally in U.S. stocks setting a positive tone, as investors looked to the forum of global central banker in Jackson Hole, Wyoming. Key among the speeches in Jackson Hole on Friday will be ...

uropean Stocks Pause After Rally -- Update

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

By Tommy Stubbington European stocks paused from their recent rally Friday with investors awaiting speeches from major central bankers. The Stoxx Europe 600 was down 0.2% midmorning. Equities had climbed in Europe on Thursday, despite the latest installment in a ...

Oil Prices Edge Lower as Supplies Rise, Tensions Ease

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

By Christian Berthelsen Oil prices slipped Friday amid increasing global supplies and easing geopolitical tensions, while markets awaited macroeconomic signals from the central banker retreat in Jackson Hole, Wyo. Light, sweet crude for October delivery fell 78 cents, or 0.8%, ...

BOND REPORT: Treasurys Fall As Yellen Says Economy Is Improving

TODAY: Aug. 22, 2014 PUB DATE: Aug. 22, 2014

By Ben Eisen, MarketWatch NEW YORK (MarketWatch) -- Treasury prices fell Friday after remarks by Federal Reserve Chairwoman Janet Yellen, with the yield curve returning to its flattest levels in five years. Yellen suggested at the Jackson Hole economic symposium ...